Amundi purchased a new stake in Curbline Properties (NYSE:CURB - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 51,914 shares of the company's stock, valued at approximately $1,194,000.
Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $29,000. Smartleaf Asset Management LLC bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $62,000. KBC Group NV bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $89,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of Curbline Properties in the 4th quarter valued at about $200,000.
Curbline Properties Trading Down 1.3 %
CURB traded down $0.31 during trading on Friday, reaching $23.28. 1,635,483 shares of the company's stock were exchanged, compared to its average volume of 715,344. Curbline Properties has a 1 year low of $20.16 and a 1 year high of $25.69. The stock has a fifty day moving average of $24.21.
Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. As a group, analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.
Curbline Properties Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Friday, March 14th.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Piper Sandler raised their price target on shares of Curbline Properties from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley began coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They issued an "equal weight" rating and a $27.00 price objective for the company. Finally, Compass Point increased their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $25.82.
Check Out Our Latest Stock Report on Curbline Properties
Curbline Properties Profile
(
Free Report)
Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.
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